Ameren Corporation $AEE Stake Increased by Allworth Financial LP

Allworth Financial LP increased its holdings in shares of Ameren Corporation (NYSE:AEE) by 9.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,747 shares of the utilities provider’s stock after buying an additional 2,943 shares during the quarter. Allworth Financial LP’s holdings in Ameren were worth $3,145,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of AEE. MJT & Associates Financial Advisory Group Inc. purchased a new position in Ameren during the 1st quarter valued at about $25,000. NewSquare Capital LLC boosted its holdings in shares of Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 107 shares during the period. Addison Advisors LLC grew its position in Ameren by 728.9% during the second quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 277 shares in the last quarter. Fortitude Family Office LLC lifted its position in Ameren by 600.0% in the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after buying an additional 294 shares in the last quarter. Finally, SouthState Corp purchased a new stake in Ameren in the 1st quarter worth approximately $34,000. 79.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on AEE. Wells Fargo & Company initiated coverage on shares of Ameren in a report on Monday, October 27th. They set an “overweight” rating and a $112.00 price target on the stock. Barclays set a $113.00 target price on Ameren in a research note on Tuesday, October 21st. Royal Bank Of Canada raised Ameren to a “hold” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ameren in a research note on Wednesday, October 8th. Finally, Morgan Stanley raised their price objective on shares of Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Ameren has an average rating of “Moderate Buy” and an average price target of $109.50.

Insider Activity at Ameren

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the sale, the chief financial officer owned 198,973 shares of the company’s stock, valued at $20,183,821.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Gwendolyn G. Mizell sold 1,000 shares of Ameren stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the transaction, the senior vice president directly owned 9,129 shares in the company, valued at approximately $929,240.91. This represents a 9.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.42% of the stock is owned by corporate insiders.

Ameren Trading Up 0.5%

Shares of AEE stock opened at $105.71 on Thursday. Ameren Corporation has a 12 month low of $86.40 and a 12 month high of $106.73. The company has a market cap of $28.59 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 2.57 and a beta of 0.50. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. The business’s 50 day moving average is $102.56 and its two-hundred day moving average is $99.62.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.07. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. Ameren’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. Equities analysts predict that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio is presently 54.62%.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.